Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum Big Banc Split Corp T.BNK

Alternate Symbol(s):  T.BNK.PR.A

The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential monthly cash distributions in the amount of $0.05 per Preferred Share ($0.60 per annum or 6.0% per annum on the issue price of $10.00 per Preferred Share) until November 30, 2023 (the Maturity Date) and to return the original issue price of $10.00 to holders on the Maturity Date... see more

TSX:BNK - Post Discussion

Big Banc Split Corp > Deal is done, congrats to all with patience
View:
Post by BargainHunter88 on Sep 09, 2016 10:16am

Deal is done, congrats to all with patience

It's been a long road, sold all my 20k shares at 2.18 not sure if the 2 cents are worth waiting for, going to put the cash to better use. Good luck to all. BH out.
Comment by QUANTUMJUMP on Sep 09, 2016 10:18am
looks like the shorts have accepted their fate 
Comment by StockInvestor16 on Sep 09, 2016 10:21am
Yup. Going to be a bigger push in the end of the day.... What ever happened to the BrainCloud? lol, shorted his life away and called people morans.......lol Karm...........
Comment by NewfieGold on Sep 09, 2016 10:28am
Finally out of this one and happy to report I am now a hundredaire! LOL Congrats to all who waited!
Comment by yetta on Sep 09, 2016 10:20am
In at $1.95. Out at $2.19. Definitely worth the wait!!! (5 for 5 QJ!)
Comment by QUANTUMJUMP on Sep 09, 2016 10:23am
lol great work Yetta You always seem like a calm pond on these rides  me a gentle ride over Niagra falls, swearing the whole way  I deserve a gift today :  )
Comment by yetta on Sep 09, 2016 10:29am
Calm? Lol! This one was most nerve wracking of them all so far with 3 governments involved. Congrats QJ for sticking with it!
Comment by braincloud on Sep 09, 2016 10:37am
Nerve wracking ? All you guys worked yourselves into a lather worrying about whether the deal would close or not. The weighted evidence was always in favour of the deal closing for all the points that have been raised by myself and others on this blog. I guess this now means adios. Good luck investing the proceeds. 
Comment by QUANTUMJUMP on Sep 09, 2016 10:40am
After the July 30th clause it was clear
Comment by yetta on Sep 09, 2016 10:49am
Nervous times for me cuz this was my 5th arb play in a row... TH, CFN, NRG, LRE, BNK. ...wondering when my luck will run out Plus Geo-Jade stock has been halted AGAIN for the week, of course with no explanation since the China stock markets are one big clown show. 
Comment by QUANTUMJUMP on Sep 09, 2016 10:56am
Lol I had 2 this week . MGO and BNK  I actually never lost sleep on either .... MMT was not quite as easy 
Comment by QUANTUMJUMP on Sep 09, 2016 10:37am
MMT ......... Nigeria and Russians lol
Comment by StockInvestor16 on Sep 09, 2016 10:41am
Snake All the pressure we gave you to buy back and not short the stock.....SAVED YOU..... Well, Just maybe Quantum and Snake are 2 different people......maybe TWINS, lol
Comment by QUANTUMJUMP on Sep 09, 2016 10:46am
out at $2.18 with a $1.92 average , this twin is happy 
Comment by StockInvestor16 on Sep 09, 2016 12:00pm
Congrats Quantum. In at 1.91 and out at 2.18. Glad everything worked out. Snake on the other hand is up $500
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities